September 9, 2014 / 12:27 PM / 3 years ago

Canadian housing starts cool in August -CMHC

1 Min Read

TORONTO, Sept 9 (Reuters) - Canadian housing starts cooled more than expected in August, while the previous month was also revised slightly lower, data showed on Tuesday.

A report from the Canada Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts slipped to 192,368 last month from a downwardly revised 199,813 units in July.

That was shy of analysts' forecasts for 195,000. July was originally reported as 200,098. (Reporting by Leah Schnurr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below